Category: Finance

Heritage Trust Offers Four-Stage Planning Process

Heritage Trust pic
Heritage Trust
Image: heritagetrust.com

Duke Ligon serves on the board of directors of 10 publicly traded or closely held companies, the majority of which are based in Oklahoma City. An attorney with more than 35 years of legal expertise in various sectors, Duke Ligon is not only on the board of directors for Oklahoma City’s Heritage Trust Company but also serves as a member of its compensation committee and succession committee.

Heritage Trust Company is an independent trust bank that was established in 1998 as an alternative to big bank trust departments. The company employs the following four stages to help clients with their various needs, from oil and gas to investment management in year one.

1. Execute agreements. The first step prior to substantial planning is to initiate a transfer of assets and complete proper documentation.

2. The first few weeks involves developing steps to execute a financial plan. This stage involves a risk tolerance questionnaire and reviewing account objectives as well as help with investing assets.

3. Ongoing communication is crucial for client success. Heritage Trust’s relationship managers provide monthly statements, quarterly performance reports, and proactive communication on a periodic basis.

4. An annual review is conducted at the end of the year, with an emphasis on yearly performance and current objectives.

To learn more about how Heritage Trust can serve you, visit heritagetrust.com.

Advertisements